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Money Printing Madness

September 17th, 2012

by Stephen Lendman

According to an ancient proverb, "Those whom the gods wish to destroy they first make mad." Perhaps it had central bankers in mind.

In fall 2007, economic crisis conditions erupted. Counterproductive policies followed. Resolution is nowhere in sight. Responsible measures weren't adopted. Everything done so far failed.

Money printing madness substituted for stimulative growth policies. Since early September, coordinated central bank intervention repeated what hasn't before worked.

Full story »

Capitulation in Chicago?

September 16th, 2012

by Stephen Lendman

By the time this article circulates, it may be all over but the shouting, finger-pointing, and bitterness among rank-and-file loyalists over another union sellout.

As this is written, it looks that way. It won't surprise. Across America, union bosses keep prioritizing their own positions and welfare over workers they represent.

Instead of fighting for rights they deserve, they capitulate to corporate and government scoundrels. Wisconsin public workers learned the hard way. The state was ground zero to save public worker rights.

During February and March 2011, they waged an epic struggle. It captured international attention. It ended with a whimper, not a bang. When the dust settled, they lost jobs, wages, benefits, and bargaining rights.

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Obama v. Netanyahu

September 16th, 2012

by Stephen Lendman

Much has been made about an Obama/Netanyahu rift. At times, it's hard separating rhetoric from reality. Nonetheless, neither leader, it appears, particularly likes the other. Disagreement between them is palpable. It's over Iranian red lines and deadlines.

Former IDF Chief of Staff Dan Halutz said he doesn't believe in "red line policies." He responded to Netanyahu saying:

"The world tells Israel 'wait, there's still time.' And I say, 'Wait for what? Wait until when?' Those in the international community who refuse to put red lines before Iran don't have a moral right to place a red light before Israel."

"Now if Iran knows that there is no red line. If Iran knows that there is no deadline, what will it do? Exactly what it's doing. It's continuing, without any interference, towards obtaining nuclear weapons capability and from there, nuclear bombs."

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The New American Reality

September 15th, 2012

By Timothy V. Gatto

Gee. Once again the American people are offered the choice between two lousy candidates that honestly, nobody really wants. There, I said it. Nobody really wants Barack Obama or Mitt Romney. Maybe there are a few deluded Democrats and deluded Republicans that are solidly behind their candidates, but from what I’ve heard from people on the street, this is a battle between the lesser of two evils.

The Democrats have this idea (or the idea pushed on them by the DNC) that they are fighting big corporate money and they are like David fighting Goliath. Actually, according to The Center for Responsive Politics (OpenSecrets.org) Obama has $348,413,128 to Romney’s $193,373,762. That’s almost $150 million dollars MORE than Romney! So all of you Democrats that believe you are the underdogs, guess what, you aren’t. Obama has more campaign money than Romney. The Republicans are the underdogs. You guys are rolling in money. Isn’t it amazing how the Democrats framed this election?

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The Prophet: The Ultimate red line

September 15th, 2012

By Khalid Amayreh* in Occupied Jerusalem

"You shall certainly be tried and tested in your wealth and in your persons, and you shall certainly hear much abuse from those who received the Scripture before you (Jews and Christians) , and from the idolaters but if you persevere patiently, and observe the commandments of thy Lord, then verily, that will be an affair of great resolution." V. 186-SuraIII

By now it is still unclear who exactly produced the despicable and malicious film "the Innocence of Muslims," which defames and abuses the Prophet of Islam. The alleged producer has given many pseudonyms for himself, apparently to elude the public and escape possible retribution by angry Muslims. However, by connecting the dots and in light of information provided so far, it is highly likely that the author of the disgusting feat is a Coptic Christian, named Nokola Baciley, who harbors a pathological hatred of Islam. Earlier reports suggested that the hate-filled bastard was an Israeli Jew by the name of Same Baceil, but these reports have been discounted.

Full story »

Rahm Emanuel's Privatize Chicago Plan

September 15th, 2012

by Stephen Lendman

Chicago Mayor Rahm Emanuel spent years waging war on progressive politics. He's a corporate predator turned politician.

As White House strategist and senior advisor, he represented the worst of the Clinton years. His abrasive style earned him the nickname "Rahmbo."

From 1999 - 2002, he earned a reported $18 million as managing director for Chicago investment bank firm Kleinwort, Wasserstein.

From January 2003 - January 2009, he represented Illinois' 5th congressional district. From January 2005 - January 2007, he chaired the Democratic Congressional Campaign Committee.

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German High Court Capitulates to Bankers

September 15th, 2012

by Stephen Lendman

As expected, the Court caved. On September 12, headlines reported it. The Financial Times said "German politicians declared the road clear for the creation of the eurozone's (500 billion euro) rescue fund after the country's constitutional court rejected a petition to block it."

At issue is does it matter? More on that below.

Two Eurozone rescue schemes exist. The European Financial Stability Facility (EFSF) is running out of funds. Germany's High Court approved the European Stability Mechanism (ESM).

Full story »

Corporate Media's War on Public Education

September 15th, 2012

by Stephen Lendman

September 12 marked day 3 of Chicago's teacher strike. At stake is the future of public education in the city and perhaps the country.

This battle is too important to lose. It's too early to tell what's coming. Teachers are resolved. Parents and students support them.

Union officials in Chicago and across America are suspect. They often cave when they should resist. They mostly look out for their own interests.

Chicago teachers may end up alone in this fight. Hopefully they understand and won't yield no matter what union officials decide. Public education and futures for Chicago kids are on the line.

As expected, media scoundrels invert truth and back the wrong side. A New York Times editorial headlined "Chicago Teachers' Folly," saying:

Full story »

Anti-Muslim Hate Film Incites Violence

September 14th, 2012

by Stephen Lendman

Post-9/11, Washington declared war on Islam. Islamophobia facilitates war on terror policy. Muslims became public enemy number one. Imperial wars followed. Endless direct and proxy ones continue. Others are planned.

Dehumanizing Islam violates core US beliefs about religious freedom and respecting all faiths equally. America only respects money power and imperial dominance.

It targets anyone challenging its quest for global hegemony. Millions of corpses attest to its resolve. They're strewn across North Africa, the Middle East, Central Asia, and other parts of the world without end. Their numbers increase daily.

Full story »

Firing in Flood: Muslims to THINK Again

September 14th, 2012

Mahboob A. Khawaja, PhD.

World is not as it is sensationalized on the media screen, Arabs or Muslims are not the “terrorists” and all the Western leaders are not the individualistically insane “warmongers. There is truth and facts of life outside the news media’s box and glued labels of extremism warranting serious contemplation to evolve our attitudes and perceptions as conscientious citizens in the 21st century changing global affairs. People of knowledge and intellect must initiate presence to clarify the delusional and monstrous mindset of the minority ruling elite across the globe. The documentary movie on the You Tube and elsewhere on the internet allegedly portraying false images of Islam and Prophet Mohammad’s life is not rare or the end in itself. Islamophobia is an organized scheme of things – an anti-Islamic institutionalized hatred campaigns and fear-mongering across the US and Western Europe. It is business as usual by entrepreneurs and supporters of the warmongering industry. Its ultimate aims are to keep the American and European people fearful of the growing Islamic presence in these parts of the world as if Muslims were the outcome of the eye of the storm to destroy the industrial progress or to halt the Zionist perpetuated fear of Islam. A crisis situation requires critical thinking not hasty actions of jumping into fireballs, killing of diplomats, verbal outbursts and burning of others flags. None of these are the rational strategies to address the problem. Stephen Lendman (“Islamophobia in Western Media”: 3/2011 Rense.com) elaborates the Islamophobia –the institutionalized scheme of things:

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Voices

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